Chesapeake’s Other Slide

May 22, 2012 2:47 pm ET

Chesapeake Energy is feeling unloved. Or maybe it isn’t. It can’t seem to decide.

Tuesday morning, the embattled oil and gas producer had its latest presentation available for download on its website. The very first slide behind the cover struck a defiant tone, titled: “It’s been a tough five weeks, but better days ahead.” On there, the company said it had “withstood an unprecedented negative media campaign” during the past five weeks. Nevertheless, Chesapeake reassured, “these attacks have failed, and will continue to fail, to reduce the value of the company’s assets.”

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